An ideal match

In April 2023, POSaBIT, the leading cannabis payments and point of sale platform, agreed to acquire Hypur, one of the original cannabis payment solutions providers.

POSaBIT now offers the most payment solutions to the cannabis industry, with multiple PIN solutions, an industry-leading ACH solution, the only fully-integrated payments portal, robust reporting, and reconciliation capabilities.

Hypur’s origins

Hypur’s experts have decades of experience providing innovative payment and compliance solutions to underserved markets. Indeed, Hypur is one of the original cannabis payment providers.

The Hypur team are thought leaders in cannabis payment processing and cannabis banking, frequently writing or quoted in articles for industry publications, offering keynote addresses to large audiences, participating in panels, and leading workshops and webinars for various conferences and organizations, including the American Bankers Association, NACUSO, Western Independent Bankers, and ACAMS. POSaBIT is honored to continue Hypur’s legacy.

Even better together

The Hypur acquisition expands POSaBIT’s leadership in the cannabis payments space, doubles down on our commitment to compliance, and expands our payment capabilities and platform. POSaBIT now offers the most payment solutions to the cannabis industry, with multiple PIN solutions, an industry-leading ACH solution, the only fully-integrated payments portal, robust reporting, and reconciliation capabilities.

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